Israel Seeks Asia Trade as Europe, U.S. Stall: Chart of the Day
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Israel is looking to fast-growing markets in Asia to boost its exports as growth in developed countries remains muted following the global crisis.
Traditionally, Israel’s largest trade partners have been the U.S. and Europe, which together buy more than 50 percent of its $90 billion in civilian exports. The CHART OF THE DAY shows Israel is increasingly boosting trade with countries such as China and India, which are growing faster than developed economies.